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As an experienced trader, I need to be extremely thorough when evaluating brokers—especially when it comes to fees like swaps or overnight financing. In the case of IFIC Bank, based on what I’ve researched, there is no clear or transparent information provided about their swap fees or any specific overnight financing charges related to forex trading. Unlike most established forex brokers, IFIC Bank primarily lists deposit and fixed income products, such as various savings accounts and term deposits, rather than typical leveraged forex trading offerings where swap fees are normally a key consideration. The absence of regulatory oversight and the lack of detailed disclosures on these fundamental trading costs are, in my opinion, a considerable red flag. With mainstream, regulated brokers, I’m used to finding transparent breakdowns of swap rates, either per instrument or via live tables, so I can factor these costs into my strategies. Without this transparency at IFIC Bank, I have no reliable way to compare their swap policy—if any exists at all—to industry standards. Given this, and especially within the context of higher risk associated with unregulated entities, I personally would not feel comfortable trading with IFIC Bank or recommending them until such basic information is made available. In my experience, clear communication about trading costs is essential for risk management and overall trust in a broker.